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RUSSIA - The Oil Market.


Russia has 42 oil refineries This is a list of oil refineries. The Oil and Gas Journal also publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery.  - mostly being inefficient - with a total processing capacity of 5.5m b/d. With Russian Russian

associated in some way with Russia.


Russian blue
a breed of cats with short, dense, silver-tipped blue-colored coat and vivid green eyes.
 domestic oil consumption of 2.55m b/d in 2005 and likely to exceed 2.6m b/d in 2006 (from 3.79m b/d in 1993), refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar  capacity far outstrips demand for petroleum products.

Because a barrel of crude oil on the Russian market sells below the world's average price, Russian oil firms prefer to export their crude rather than to refine it locally. When Russian oil producers do not export their crude - often because of the constraints CONSTRAINTS - A language for solving constraints using value inference.

["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)].
 of Russia's pipeline system or the government's limits on each company's exports - many choose to supply their own refineries for export in products form rather than sell the crude oil on the local market.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:APS Review Downstream Trends
Date:Aug 14, 2006
Words:133
Previous Article:RUSSIA - The Local Energy Market.
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